Stellar XLM inverse H&S, Part 2 Triangle

Updated

Same as OMG, the trade never got active, so once again better safe than sorry. The inverse H&S has turned in to a possible triangle now. Again i will wait patiently for this one for a break of that resistance level, just like the previous analysis. Just everything else in crypto, we want to see some volume getting in during that break out. The target of that triangle can be seen on the right. The bigger picture on the daily, shows much more potential, but i don't expect it to go in a straight line. Think those days are over, so my goal is a decent wave and NOT hoping for more.

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Previous analysis:

Note

Good strong volume breakout, as it should be. Move stops to entry for a free ride :)

botje11

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